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PM expects GDP growth of about 7% for last year
Malaysia is confident of achieving a gross domestic product (GDP) growth of 7% for last year, Prime Minister Datuk Seri Abdullah Ahmad Badawi said.
Loan defaulters throng office to find out status
The National Higher Education Fund Corporation (PTPTN) building was crowded yesterday with borrowers who had rushed over to find out about study loan repayment and the type of action that may be taken against defaulters.
SMIs don't want to be let down again
The proposed development bank for small-and medium-scale industries (SMIs) will be a boost to the businessmen involved in this sector provided it is professionally managed. V.K. CHIN writes.
MARC appoints new CEO and COO
MALAYSIAN Rating Corp Bhd (MARC) has announced two senior management appointments.
Reserves remain usable and unencumbered
BANK Negara Malaysia (BNM) said Malaysia's total international reserves as at end December 2004 remained usable and unencumbered.
Off to a good start
It was definitely a good start to the new year. A newcomer in the financial planning fraternity recently registered with the Registrar of Societies, the Malaysian Financial Planning Council (MFPC) kick-started the year with several national events held at Putra World Trade Centre.
Paying for convenience of modern banking
Bank Negara Malaysia's recent guidelines to banks to prevent them from making unnecessary charges for their services should ease the frustration of those who have to deal with these financial organisations on a regular basis. Comment by V.K. Chin.
Bank consolidation progressing well
The banking sector has come a long way since the launch of the Financial Sector Master Plan that envisaged the formation of banking groups of a certain size and strength. In her interview of the sector's performance and prospects, Bank Negara Governor TAN SRI ZETI AKHTAR AZIZ looks at the progress charted: new trends and growth areas. She sees that regional expansion is encouraged for the larger banks and shares further details on the liberalisation of the islamic sector.
